So here are our top 5 tips for having the right travel insurance cover:

Declare everything: If you have a pre-existing medical condition and fail to declare it on your policy, should you fall ill with the condition (or even a complication from the condition) your cover could be invalidated and any claim may be rejected

Check the different levels of cover provided: Details like the amount of excess you are required to pay in the event of a claim can change

Check the maximum payout for cancellation. You may find that your holiday price is more expensive than the standard cover offered on your policy

Understand the real cost of NOT being insured. A claim for emergency medical care in some parts of Europe can easily be £20,000 to £40,000, and repatriation with an air ambulance from the USA could be £80,000 to £100,000

Read the small print. If it’s extremely cheap, there’s probably a reason for it. The true value of your insurance policy is only realized when when something goes wrong!

Chris Rolland, CEO of AllClear, says:

“While cheaper priced policies may seem attractive to holidaymakers, it can be a false economy. Factor in the cost of travel insurance from the very start when booking a holiday. That way, you have the freedom to shop around for insurance that is tailored to your needs, enabling you to travel with complete peace of mind.”

Do you agree? What are your personal top tips to look for when buying travel insurance? Let us know in the comments!